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FACTS AND FIGURES Navigator 2016

The Navigator 2016 web-application is available for tablets, smartphones and PC's: navigator.volkswagenag.com 2 TABLE OF CONTENTS

The Volkswagen Group 4 Board of Management of Volkswagen AG 6 Supervisory Board 7 Key Figures 8 Five-Year Review 10 Volkswagen Share Key Figures 12 Production Sites 14 Germany 14 Europe 18 North/South America 24 South America/South Africa 25 Asia/Pacific 26 Group Production Sites 30 Deliveries of Vehicles to Customers 34 Environment and Transport 36 Developments in Workforce 38 Employees in Technical Development 42 Procurement Volumes by Brand and Company 44 Organizational Charts 46 Volkswagen Passenger Cars 46 AUDI AG 47 SEAT, S.A. 48 ŠKODA AUTO a.s. 49 BENTLEY MOTORS LIMITED 50 Bugatti 51 Automobili Lamborghini S.p.A. 52 Dr. Ing. h.c. F. Porsche AG 53 Ducati Motor Holding S.p.A. 54 Volkswagen Truck & Bus GmbH 55 MAN SE 56 MAN Truck & Bus AG 57 Scania AB 58 MAN Latin America 59 Volkswagen Commercial Vehicles 60 MAN Diesel & Turbo SE 61 Renk AG 62 Volkswagen Financial Services AG 63 TABLE OF CONTENTS 3

Historical Notes 64 The Model Range of the Volkswagen Group 88 Volkswagen Passenger Cars 88 Audi 97 SEAT 104 ŠKODA 108 Bentley 113 Lamborghini 115 Porsche 116 Ducati 121 Volkswagen Commercial Vehicles 124 Scania 130 MAN 131 MAN Latin America 133 Other Business Fields 134 4 THE VOLKSWAGEN GROUP

The Volkswagen Group with its headquarters in Wolfsburg is one of the world’s leading automobile manufacturers and the largest carmaker in Europe.

Due to difficult market conditions in 2015, the number of Group vehicles delivered to customers dropped to 9.931 mil lion (2014: 10.137 million). The share of the world passenger car market amounts to 12.3 percent.

In Western Europe, nearly one in four new cars (24.4 percent) is made by the Volkswagen Group. Group sales revenue in 2015 totaled €213 billion (2014: €202 billion), while negative earnings after tax amounted to €–1.4 billion (2014: €11.1 billion).

The Group comprises twelve brands from seven European countries: Volkswagen Passenger Cars, Audi, SEAT, ŠKODA, Bentley, Bugatti, Lamborghini, Porsche, Ducati, Volkswagen Commercial Vehicles, Scania and MAN.

Each brand has its own character and operates as an in dependent entity on the market. The product spectrum ranges from motorcycles to low-consumption small cars and luxury vehicles. In the commercial vehicle sector, the products include ranges from pick-ups, buses and heavy trucks. www.volkswagenag.com 5

The Volkswagen Group is also active in other fields of business, manufacturing large-bore diesel engines for marine and stationary applications (turnkey power plants), turbochargers, turbomachinery (steam and gas turbines), compressors and chemical reactors. It also produces vehicle transmissions, special gear units for wind turbines, slide bearings and couplings as well as testing systems for the mobility sector.

In addition, the Volkswagen Group offers a wide range of financial services, including dealer and customer financing, leasing, banking and insurance activities, and fleet manage ment.

The Group operates 119 production plants in 20 European countries and a further 11 countries in the Americas, Asia and Africa. Every weekday, 610,076 employees worldwide produce nearly 42,000 vehicles, and work in vehicle-related services or other fields of business. The Volkswagen Group sells its vehicles in 153 countries.

December 31, 2015 6 BOARD OF MANAGEMENT OF VOLKSWAGEN AG

Board of Management of Volkswagen Aktiengesellschaft

Matthias Müller Chairman

Dr. rer. soc. Karlheinz Blessing Human Resources and Organization

Dr.-Ing. Herbert Diess Chairman of the Brand Board of Management of Volkswagen Passenger Cars

Dr. rer. pol. h.c. Francisco Javier Garcia Sanz Procurement

Prof. Dr. rer. pol. Dr.-Ing. E. h. Jochem Heizmann China

Dr. jur. Christine Hohmann-Dennhardt Integrity and Legal Affairs

Andreas Renschler Commercial Vehicles

Prof. Rupert Stadler Chairman of the Board of Management of AUDI AG

Frank Witter Finance and Controlling

April 15, 2016 SUPERVISORY BOARD www.volkswagenag.com/ir 7

Hans Dieter Pötsch Johan Järvklo (Chairman) Chairman of IF Metall at Scania AB Chairman of the Executive Board and Chief Financial Officer of Dr. Louise Kiesling Porsche Automobil Holding SE Designer and entrepreneur

Jörg Hofmann Olaf Lies (Deputy Chairman) Minister of Economic Affairs, Labor First Chairman of IG Metall and Transport for the Federal State of Lower Saxony

Peter Mosch Chairman of the General Works Dr. Hussain Ali Al-Abdulla Council of AUDI AG Minister of State and Board Member of Qatar Bernd Osterloh Investment Authority Chairman of the General and Group Works Councils Akbar Al Baker of Volkswagen AG Minister of State and Group Chief Executive of Qatar Airways Dr. jur. Hans Michel Piëch Lawyer in private practice Annika Falkengren President and Group Chief Executive Dr. jur. Ferdinand Oliver Porsche of Skandinaviska Enskilda Banken AB Member of the Board of Management of Familie Porsche AG Dr. jur. Hans-Peter Fischer Beteiligungsgesellschaft Chairman of the Board of Management of Volkswagen Dr. rer. comm. Wolfgang Porsche Management Association Chairman of the Supervisory Board of Porsche Automobil Holding SE, Uwe Fritsch Chairman of the Supervisory Board Chairman of the Works Council of Dr. Ing. h.c. F. Porsche AG at the Volkswagen AG Braunschweig plant Stephan Weil Minister-President of the Federal Babette Fröhlich State of Lower Saxony IG Metall, Department head for coordination of Executive Board Stephan Wolf duties and planning Deputy Chairman of the General and Group Works Councils of Uwe Hück Volkswagen AG Chairman of the General and Group Works Councils of Thomas Zwiebler Dr. Ing. h.c. F. Porsche AG Chairman of the Works Council of Volkswagen Commercial Vehicles

December 31, 2015 8 KEY FIGURES

VOLKSWAGEN GROUP

Volume Data 1 2015 2014 %

Vehicle sales (units) 10,009,605 10,217,003 – 2.0 Production (units) 10,017,191 10,212,562 – 1.9 Employees at Dec. 31 610,076 592,586 + 3.0

Financial Data (IFRSs), € million 2015 2014 %

Sales revenue 213,292 202,458 + 5.4 Operating result before special items 12,824 12,697 + 1.0 as a percentage of sales revenue 6.0 6.3 Special items 16,893 – x Operating result –4,069 12,697 x as a percentage of sales revenue –1.9 6.3 Earnings before tax –1,301 14,794 x Earnings after tax –1,361 11,068 x Earnings attributable to Volkswagen AG shareholders –1,582 10,847 x Cash-flows from operating activities 13,679 10,784 + 26.8 Cash-flows from investing activities 15,523 16,452 – 5.6 Automotive Division 2 EBITDA 3 7,212 23,100 –68.8 Cash-flows from operating activities 23,796 21,593 + 10.2 Cash flows from investing activities attributable to operating activities 4 14,909 15,476 –3.7 of which: investments in property, plant and equipment 12,738 11,495 + 10.8 as a percentage of sales revenue 6.9 6.5 capitalized development costs 5,021 4,601 + 9.1 as a percentage of sales revenue 2.7 2.6 Net cash flow 8,887 6,117 + 45.3 Net liquidity at Dec. 31 24,522 17,639 + 39.0

Return ratios in % 2015 2014

Return on sales before tax –0.6 7.3 Return on investment in the Automotive Division –0.2 14.9 Return on equity before tax (Financial Services Division) 5 12.2 12.5 www.volkswagenag.com/ir 9

VOLKSWAGEN AG

Volume data 2015 2014 %

Vehicle sales (units) 2,676,629 2,615,686 + 2.3 Production (units) 1,255,771 1,230,891 + 2.0 Employees at Dec. 31 114,066 112,561 + 1.3

Financial Data (HGB), € million 2015 2014 %

Sales 73,510 68,971 + 6.6 Net loss/net income for the year –5,515 2,476 x

1) Volume data including the unconsolidated Chinese joint ventures.

2) Including allocation of consolidation adjustments between the Automotive and Financial Services divisions.

3) Operating result plus net depreciation/amortization and impairment losses/reversals of impairment losses on property, plant and equipment, capitalized development costs, leasing and rental assets, goodwill and financial assets as reported in the cash flow statement.

4) Excluding acquisition and disposal of equity investments: €17,270 million (€15,719 million).

5) Earnings before tax as a percentage of average equity.

December 31, 2015 10 FIVE-YEAR REVIEW

Volume Data (thousands)

Vehicle Sales (units) Germany Abroad Production (units) Germany Abroad Employees (yearly average) Germany Abroad

Financial Data (in € million)

Sales revenue

Earnings before tax Earnings after tax

Cash flows from operating activities Cash flows from investing activities attributable to operating activities www.volkswagenag.com/ir 11

2015 2014 2013 2012 2011

10,010 10,217 9,728 9,345 8,361 1,279 1,247 1,187 1,207 1,211 8,731 8,970 8,541 8,137 7,150 10,017 10,213 9,728 9,255 8,494 2,681 2,559 2,458 2,321 2,640 7,336 7,653 7,270 6,934 5,854 604 583 563 533 454 276 265 255 237 196 329 318 308 296 258

2015 2014 2013 2012 2011

213,292 202,458 197,007 192,676 159,337

–1,301 14,794 12,428 25,487 18,926 –1,361 11,068 9,145 21,881 15,799

13,679 10,784 12,595 7,209 8,500 15,523 16,452 14,936 16,840 16,002

December 31, 2015 12 VOLKSWAGEN SHARE KEY FIGURES

Dividend development Number of no-par value shares at Dec. 31 Ordinary shares thousands Preferred shares thousands Dividend 1 per ordinary share € per preferred share €

Share price development 2 Ordinary shares Closing € Price Performance % Preferred shares Closing € Price Performance % Market capitalization at Dec. 31 € billion Equity attributable to Volkswagen AG shareholders and hybrid capital investors at Dec. 31 € billion Ratio of market capitalization to equity factor

Key figures per share Earnings per ordinary share 4 basic € diluted € Operating profit 5 € Cash flows from operating activities 5 € Equity 6 € Price/earnings ratio 7 Ordinary shares factor Preferred shares factor Price/cash flow ratio 8 factor Dividend yield 9 Ordinary shares % Preferred shares %

Stock exchange turnover 10 Turnover of Volkswagen ordinary shares € billion million shares Turnover of Volkswagen preferred shares € billion million shares Volkswagen share of total DAX turnover %

1) Figures for the years 2011 to 2014 relate to dividends paid in the following year. For 2015, the figures relate to the proposed dividend. 2) Xetra prices. 3) 2012 figures adjusted in the 2013 annual financial statements to reflect application of IAS 19R. 4) Prior-year figures adjusted in accordance with IAS 33.26. 5) Based on the weighted average number of ordinary and preferred shares outstanding (basic), prior year adjusted according to IAS 33.26. www.volkswagenag.com/ir 13

2015 2014 2013 2012 2011

295,090 295,090 295,090 295,090 295,090 206,205 180,641 170,148 170,143 170,143

0.11 4.80 4.00 3.50 3.00 0.17 4.86 4.06 3.56 3.06

2015 2014 2013 2012 2011

142.30 180.10 196.90 162.75 103.65 –21.0 –8.5 + 21.0 + 57.0 – 2.1

133.75 184.65 204.15 172.15 115.75 –27.6 –9.6 + 18.6 + 48.7 – 4.7 69.6 86.5 92.8 77.3 50.3

88.1 90.0 87.7 77.7 3 57.5 0.79 0.96 1.06 1.00 0.87

2015 2014 2013 2012 3 2011

–3.20 21.82 18.61 46.41 33.10 –3.20 21.82 18.61 46.41 33.10 –8.12 25.59 23.99 24.59 24.23 27.29 21.74 25.89 15.42 18.27 175.67 189.16 188.58 166.98 123.68

x 8.2 10.6 3.5 3.1 x 8.4 10.9 3.7 3.5 5.2 8.3 7.6 10.6 5.7

0.1 2.7 2.0 2.2 2.9 0.1 2.6 2.0 2.1 2.6

2015 2014 2013 2012 2011 6.9 3.2 3.5 3.5 5.1 45.4 17.8 21.4 26.8 46.4 72.4 45.1 43.0 40.9 44.2 444.4 248.3 252.8 293.3 369.1 7.1 5.4 5.7 5.3 4.6

6) Based on the total number of ordinary and preferred shares on December 31 (excluding potential shares from the mandatory convertible note). 7) Ratio of year-end-closing price to earnings per share. 8) Using year-end-closing prices of the ordinary shares. December 31, 2015 9) Dividend per share based on the year-end-closing price. 10) Order book turnover on the Xetra electronic trading platform (Deutsche Börse). 14 PRODUCTION SITES IN GERMANY

24 7,14

4,15, 3, 13 22 12 27 28 5 8,20

25 17 6 11 9 10

19 2 23 16 1

21,26 18

December 31, 2015 www.volkswagenag.com 15

GERMANY 5 Brunswick (7,031 employees) AUDI Steering units, front/rear axles, (84,435 employees; founded in shock absorbers/levers, subframes/ 1909, in 1965 acquisition of swivel bearings, battery systems 50 % of the capital of Auto-Union GmbH; today more than 99 % 6 Kassel owned by VOLKSWAGEN AG) (16,536 employees) Gearboxes, engines: electric drives, 1 Ingolstadt components: foundry, (43,192 employees) press shop, exhaust systems, AUDI A3, AUDI A3 SPORTBACK, AUDI A4, AUDI A4 AVANT, AUDI A4 ALLROAD, AUDI A5 COUPÉ, 7 Emden AUDI A5 SPORTBACK, AUDI Q5, (9,017 employees) body components, chassis com PASSAT, PASSAT ESTATE, CC ponents, engine components; vehicle components, pressed components, 8 Salzgitter aluminum cast components (6,906 employees) Engines 2 Neckarsulm (16,314 employees) AUDI A4, AUDI A5 CABRIOLET, Volkswagen Sachsen GmbH AUDI A6, AUDI A6 AVANT, AUDI A6 (11,183 employees; ALLROAD, AUDI A7 SPORTBACK, founded in 1990; wholly owned AUDI A8, AUDI R8 COUPÉ, AUDI R8 by VOLKSWAGEN AG) SPYDER 9 Chemnitz (1,837 employees) VOLKSWAGEN AG Engines (114,066 employees; founded as Volkswagenwerk GmbH in 1938) 10 Zwickau (8,820 employees) 3 Wolfsburg GOLF, GOLF ESTATE, (60,452 employees) PASSAT ESTATE GOLF, GOLF SPORTSVAN, E-GOLF, TIGUAN, TOURAN, 11 Gläserne Manufaktur components: press shop, Dresden chassis, plastics technology (525 employees) PHAETON, BENTLEY FLYING SPUR 4 Hanover (14,124 employees) T6, AMAROK, components: foundry, heat exchangers

December 31, 2015 16 PRODUCTION SITES IN GERMANY

Volkswagen Osnabrück Porsche GmbH (24,249 employees; founded in (2,445 employees; founded 1931; wholly owned by in 2009; wholly owned by VOLKSWAGEN AG since 2012) VOLKSWAGEN AG) 16 Stuttgart-Zuffenhausen 12 Osnabrück (8,500 employees) XL1, GOLF CABRIOLET, PORSCHE PORSCHE 911, CAYENNE, PORSCHE CAYMAN PORSCHE 911 CABRIOLET, PORSCHE BOXSTER, PORSCHE SPYDER, Sitech Sitztechnik GmbH V-/B-engines (2,498 employees; founded in 2001; wholly owned by SITECH 17 Leipzig Sp. z o.o.) (3,667 employees) PORSCHE CAYENNE, 13 Wolfsburg PORSCHE PANAMERA, (1,707 employees) PORSCHE MACAN Components: seating technology

14 Emden (449 employees) Components: seating technology

15 Hanover (341 employees) Components: seating technology

December 31, 2015 www.volkswagenag.com 17

MAN 23 Deggendorf (55,030 employees) (MAN Diesel & Turbo) founded in 1758; (483 employees) VOLKSWAGEN AG 74.35 %) Components: reactor technology, high-pressure 18 Munich and special apparatus (MAN Truck & Bus) (9,078 employees) 24 Hamburg Trucks, components: (MAN Diesel & Turbo) cabs, driven axles (585 employees) Components: steam turbines 19 Nuremberg (MAN Truck & Bus) 25 Oberhausen (4,146 employees) (MAN Diesel & Turbo) Engines, components: crankshafts (1,958 employees) Components: compressors, 20 Salzgitter gas and steam turbines (MAN Truck & Bus) (2,519 employees) 26 Augsburg Trucks, bus chassis, (MAN SE / Renk AG) components: axles (1,066 employees) Gear units 21 Augsburg (MAN Diesel & Turbo) 27 Hanover (4,095 employees) (MAN SE / Renk AG) Large-bore diesel engines, (357 employees) components: turbochargers Components: slide bearings

22 Berlin 28 Rheine (MAN Diesel & Turbo) (MAN SE / Renk AG) (558 employees) (490 employees) Components: compressors Gear units, components: couplings

December 31, 2015 18 PRODUCTION SITES IN EUROPE

33 52 54 53

31 55 32 51 49 47 71 40 42, 47 39 43,44,45 48 46 29 67 65 6668 57 60 34 58 41 59 35 36 70

37 38 30 64 61 62 63 69 50

December 31, 2015 www.volkswagenag.com 19

BELGIUM FRANCE

AUDI BRUSSELS S.A./N.V. BUGATTI AUTOMOBILES (2,513 employees; founded in S.A.S. 1971; wholly owned by AUDI AG) (291 employees; founded in 1909; part of the Volkswagen Group 29 Brussels since 1998; wholly owned by AUDI A1, AUDI A1 SPORTBACK Groupe VOLKSWAGEN France s.a.)

34 Molsheim BOSNIA-HERZEGOVINA (96 employees)

Volkswagen Sarajevo, d.o.o. (founded in 1998; not con 35 Saint-Nazaire solidated, 58 % VOLKSWAGEN AG, (MAN Diesel & Turbo) 42 % Prevent Sarajevo d.o.o.) (654 employees) Diesel engines and spare parts 30 Sarajevo components: flywheel ring gears, stub axles, wheel hubs 36 Angers (Scania) (550 employees) DENMARK Trucks

31 Frederikshavn (MAN Diesel & Turbo) (451 employees) Components: propulsion systems

32 Copenhagen (MAN Diesel & Turbo) (1,359 employees) Components: two-stroke components, spare parts

FINLAND

33 Lahti (Scania) (204 employees) Buses

December 31, 2015 20 PRODUCTION SITES IN EUROPE

ITALY POLAND

Automobili Lamborghini Volkswagen Poznań Sp. z o.o. S.p.A. (7,765 employees; founded in 1993; (1,313 employees; founded in wholly owned by Volkswagen Inter- 1963; wholly owned by AUDI AG) national Finance N.V.)

37 Sant’ Agata Bolognese Poznań (1.298 employees) CADDY, T6, components: foundry HURACÁN, AVENTADOR, engines

Volkswagen Motor Polska Ducati Motor Holding S.p.A. Sp. z o.o. (1,521 employees; founded in (1,304 employees; founded in 1998; 1926; wholly owned by AUDI AG wholly owned by Volkswagen since 2012) International Finance N.V.)

38 Borgo Panigale 43 Polkowice (1,172 employees) Engines Motorcycles, engines

Sitech Sp. z o.o. THE NETHERLANDS (1,748 employees; founded in 1998; wholly owned by Volkswagen 39 Meppel (Scania) International Finance N.V.) (186 employees) Components: paint-shop 44 Polkowice (cabs and frames) (1,636 employees) Components: seating technology 40 Zwolle (Scania) (1,265 employees) 45 Głogów Trucks (93 employees) Components: seating technology

AUSTRIA 46 Kraków (MAN Truck & Bus) 41 Steyr (445 employees) (MAN Truck & Bus) Trucks (2,218 employees) Trucks, components: cabs 47 Poznań (MAN Truck & Bus) (669 employees) Buses

December 31, 2015 www.volkswagenag.com 21

48 Starachowice 53 St. Petersburg (MAN Truck & Bus) (Scania) (1,874 employees) Trucks Bus assembly, shells for buses and construction of frames SWEDEN 49 Słupsk (Scania) (384 employees) Scania Bus bodies (37,521 employees; founded in 1891; VOLKSWAGEN AG 99.57 % share capital, there of 86.22 % PORTUGAL direct and 13.35 % indirect)

Volkswagen Autoeuropa, 54 Södertälje Lda. (11,781 employees) (3,419 employees; Trucks, bus chassis, engines, founded in 1991; 74 % Volkswagen gearboxes, components: axles International Finance N.V.; 26 % Global VW Automotive B.V.) 55 Oskarshamn (1,611 employees) 50 Palmela Components: cabs SCIROCCO, SHARAN, SEAT ALHAMBRA 56 Luleå (443 employees) Components: frames and RUSSIA rear axle housings

OOO Volkswagen Group Rus (5,217 employees; founded in SWITZERLAND 2006; 28.06 % VOLKSWAGEN AG, 16.80 % ŠKODA AUTO a.s., 57 Winterthur 55.14 % Volkswagen Finance (MAN SE / Renk AG) Luxemburg S.A.) (101 employees) Industrial gear units 51 Kaluga (4,389 employees) 58 Zurich POLO SEDAN/VENTO, TIGUAN, (MAN Diesel & Turbo) ŠKODA RAPID (917 employees) Components: hermetically sealed compressors, 52 St. Petersburg vacuum blowers (MAN Truck & Bus) (66 employees) Trucks

December 31, 2015 22 PRODUCTION SITES IN EUROPE

SLOVAK REPUBLIC SPAIN

VOLKSWAGEN SLOVAKIA, SEAT a.s. (14,445 employees; founded in (10,623 employees; founded 1950; wholly owned by Volkswagen in 1991; wholly owned by International Finance N.V.) Volkswagen International Finance N.V. 61 Barcelona (1,400 employees) 59 Bratislava Components: press shop (9,762 employees) UP!, E-UP!, TOUAREG, AUDI Q7, 62 Martorell ŠKODA CITIGO, SEAT MII, gearboxes (11,503 employees) (assembly only) IBIZA, IBIZA SC, IBIZA ST, LEON SC, LEON 5T, LEON ST, AUDI Q3, 60 Martin engines (assembly only) (861 employees) Components: gearboxes, chassis SEAT Componentes (1,106 employees; founded in 1979; wholly owned by SEAT S.A.)

63 El Prat Gearboxes, components: foundry

Volkswagen Navarra, S.A. (4,402 employees; founded in 1993 when the Pamplona plant was spun off from SEAT S.A. as ”Fabrica Navarra de Automoviles S.A.“, wholly owned by SEAT, S.A.)

64 Pamplona POLO, engines (assembly only)

December 31, 2015 www.volkswagenag.com 23

CZECH REPUBLIC TURKEY

ŠKODA AUTO 69 Ankara (26,646 employees; founded in (MAN Truck & Bus) 1895; wholly owned by Volkswagen (1,936 employees) International Finance N.V.) Buses

65 Mladá Boleslav (21,299 employees) HUNGARY FABIA, FABIA COMBI, RAPID, RAPID SPACEBACK, OCTAVIA, AUDI HUNGARIA MOTOR OCTAVIA COMBI, SEAT TOLEDO, Kft. engines, gearboxes, components: (11,411 employees; founded in foundry and forge 1993; wholly owned by AUDI AG)

66 Kvasiny 70 Győr (3,374 employees) AUDI A3 CABRIOLET, YETI, SUPERB, SUPERB COMBI AUDI A3 SEDAN, AUDI TT COUPÉ, AUDI TT ROADSTER, engines 67 Vrchlabí (779 employees) Gearboxes UNITED KINGDOM

Bentley Motors Ltd. 68 Velká Bíteš (4,025 employees; founded in (MAN Diesel & Turbo) 1919; wholly owned by Volkswagen (208 employees) International Finance N.V.) Components: turbochargers 71 Crewe MULSANNE, FLYING SPUR, CONTINENTAL GT, CONTINENTAL GTC, BENTAYGA, engines

December 31, 2015 24 PRODUCTION SITES IN NORTH/SOUTH AMERICA

75 73,74

81 82 83 84 86 78 88 79 87 76 80 85 77

USA 74 Silao (577 employees) Volkswagen Group of Engines America Chattanooga Operations, LLC. (2,177 employees; founded in 2008; 75 Querétaro wholly owned by Volkswagen (MAN Truck & Bus) Group of America Inc.) (168 employees) Buses, trucks 72 Chattanooga PASSAT NAR ARGENTINA

MEXICO Volkswagen Argentina S.A. (7,131 employees; founded in Volkswagen de México, S.A. 1980; wholly owned by de C.V. VOLKSWAGEN AG) (15,185 employees; founded in 1964; wholly owned by VOLKSWAGEN AG) 76 Cordoba (1,694 employees) Gearboxes 73 Puebla (14,608 employees) 77 Pacheco JETTA, THE BEETLE, (5,363 employees) THE BEETLE CABRIOLET, GOLF, SPACEFOX/SURAN, AMAROK GOLF VARIANT, engines, components: foundry 78 Tucumán (Scania) (398 employees) components: axle components

December 31, 2015 PRODUCTION SITES IN SOUTH AMERICA AND SOUTH AFRICA 25

BRAZIL SOUTH AFRICA

Volkswagen do Brasil Volkswagen of South Africa Indústria de Veículos (Pty) Ltd. Automotores Ltda. (4,026 employees;founded in 1956; (18,481 employees; founded in wholly owned by VOLKSWAGEN AG) 1953; wholly owned by Volkswagen International Finance N.V.) 85 Uitenhage POLO, POLO VIVO, POLO VIVO SEDAN, 79 Anchieta engines (10,688 employees) GOL, SAVEIRO, JETTA 86 Olifantsfontein 80 São José dos Pinhais (MAN Truck & Bus) (3,030 employees) (160 employees) FOX, SPACEFOX/SURAN, GOLF, Buses AUDI A3 SEDAN 87 Pinetown 81 São Carlos (MAN Truck & Bus) (800 employees) (125 employees) Engines Trucks, bus chassis

82 Taubaté 88 Johannesburg (3,963 employees) (Scania) UP!, GOL, VOYAGE Trucks, buses

83 Resende (MAN Latin America) (1,167 employees) Trucks, bus chassis

84 São Paulo (Scania) (2,992 employees) Trucks, bus chassis, engines, gearboxes, components: axles and cabs

December 31, 2015 26 PRODUCTION SITES IN ASIA/PACIFIC

103 106,109,113 112, 116 117 96

118 107,110 102 100,104, 101 114,115, 105 119 97 91 108, 111 89 92 90 99 93 98 94

INDIA 91 Pithampur (MAN Truck & Bus) ŠKODA AUTO India (697 employees) Private Ltd. Trucks, engines, (786 employees; founded in 1999; components: cabins, axles wholly owned by ŠKODA AUTO a.s.) 92 Aurangabad 89 Aurangabad (MAN Diesel & Turbo) JETTA, ŠKODA OCTAVIA, (378 employees) ŠKODA SUPERB, ŠKODA YETI, Large-bore diesel engines AUDI A3, AUDI A4, AUDI A6, AUDI Q3, AUDI Q5, AUDI Q7 93 Bangalore (MAN Diesel & Turbo) (149 employees) Volkswagen India Private steam turbines Ltd. (3,713 employees; founded in 2007; VOLKSWAGEN AG 90.99 % 94 Narasapura share capital and 0.0001 % voting (Scania) rights, Volkswagen International (87 employees) Finance N.V. 9.01 % share capital Trucks, buses and 99.9999 % voting rights)

90 Pune MALAYSIA POLO, VENTO, ŠKODA RAPID, engines 95 Kuala Lumpur (Scania) Trucks, buses

December 31, 2015 www.volkswagenag.com 27

SOUTH KOREA 101 Nanjing (3,685 employees) 96 Busan NEW LAVIDA, PASSAT, (Scania) ŠKODA SUPERB Assembly of truck bodies 102 Yizheng TAIWAN (3,116 employees) SANTANA, GRAN SANTANA, ŠKODA 97 Ping Chen City RAPID, ŠKODA RAPID SPACEBACK (Scania) Trucks, buses 103 Urumqi (677 employees) THAILAND SANTANA

DUCATI MOTOR CO. 104 Ningbo (206 employees; wholly owned by (2,859 employees) AUDI AG) LAMANDO, ŠKODA SUPERB, ŠKODA OCTAVIA, 98 Amphur Pluakdaeng Rayong Motorcycles, engines (for Scrambler motorcycles) 105 Changsha (2,245 employees) 99 Bang Pakong NEW LAVIDA, TOURAN (Scania) Trucks, buses FAW-Volkswagen PEOPLE’S REPUBLIC Automotive Company, Ltd. OF CHINA (35,008 employees; founded in 1991; 2 0% VOLKSWAGEN AG, SAIC Volkswagen 10 % Volkswagen (China) Invest- (30,688 employees; founded in ment Company Ltd., 10 % AUDI AG, 1985; 40 % VOLKSWAGEN AG, 60 % First Automobile Works Corp., 10 % Volkswagen (China) FAW Investment Company Ltd., 50 % Shanghai Automotive Group 106 Changchun Company Ltd./SAGCL) (20,450 employees) NEW BORA, MAGOTAN, 100 Shanghai (Anting) CC, AUDI A4L, AUDI A6L, AUDI Q3, (16,918 employees AUDI Q5, engines, gearboxes POLO, NEW LAVIDA, GRAN LAVIDA, TIGUAN, 107 Chengdu ŠKODA FABIA, ŠKODA OCTAVIA, (7,539 employees) ŠKODA YETI, engines JETTA, SAGITAR, engines

December 31, 2015 28 PRODUCTION SITES IN ASIA/PACIFIC

103 106,109,113 112, 116 117 96

118 107,110 102 100,104, 101 114,115, 105 119 97 91 108, 111 89 92 90 99 93 98 94

108 Foshan Volkswagen FAW Engine (5,268 employees) (Dalian) Co., Ltd. GOLF, GOLF SPORTSVAN, (1,371 employees; founded in 2005; AUDI A3 LIMOUSINE, 60% Volkswagen (China) Invest- AUDI A3 SPORTBACK ment Company Ltd., 40 % First Automobile Works Corp./FAW)

Volkswagen FAW Platform 112 Dalian Company, Ltd. (788 employees) (951 employees; founded in 2005; Engines 60 % Volkswagen (China) Invest- ment Company Ltd., 40 % FAWER 113 Changchun Automobile Parts Co. Ltd.) (583 employees) Engines 109 Changchun Components: axles, chassis

110 Chengdu Components: axles, chassis

111 Foshan Components: axles, chassis

December 31, 2015 www.volkswagenag.com 29

VOLKSWAGEN Transmission 118 Changzhou (Shanghai) Company, Ltd. (MAN Diesel & Turbo) (529 employees; founded in 2001; (480 employees) 60 % Volkswagen (China) Components: turbochargers, Investment Company Ltd., compressors 20 % FAW-Car Company, 20 % SAIC Motor Co., Ltd.) 119 Shanghai 114 Shanghai (Anting) (Sitech DongChang Automotive Gearboxes Seating Technology Ltd.) Components: seating technology

Shanghai Volkswagen Powertrain Company, Ltd. (1,913 employees; founded in 2005; 60 % Volkswagen (China) Investment Company Ltd., 40 % Shanghai Automotive Group Company Ltd./SAGCL)

115 Shanghai (Loutang) Engines

Volkswagen Automatic Transmission (Dalian) Co., Ltd. (2,303 employees; founded in 2010; wholly owned by Volkswagen (China) Investment Company Ltd.)

116 Dalian Gearboxes

Volkswagen Automatic Transmission (Tianjin) Co., Ltd. (1,310 employees; founded in 2014; wholly owned by Volkswagen (China))

117 Tianjin Gearboxes

December 31, 2015 30 GROUP PRODUCTION SITES BY COUNTRIES

USA 1 (1 / 0)

India 6 (5 / 1) Mexico 3 (2 / 1)

Brazil 6 (5 / 1)

Argentina 3 (1 / 2) South Africa 4 (4 / 0)

Notes*: T = Total V = Vehicle production sites C = Component production sites ** Asean: Malaysia, South Korea, Thailand, Taiwan www.volkswagenag.com 31

T* (V/ C)*

Germany 28 (12 / 16) Poland 8 (5 / 3) Spain 4 (2 / 2) Czech Republic 4 (2 / 2) Sweden 3 (1 / 2) France 3 (2 / 1) Russia 3 (3 / 0) The Netherlands 2 (1 / 1) Switzerland 2 (0 / 2) China 20 (9 / 11) Slovak Republic 2 (1 / 1) Denmark 2 (0 / 2) India 6 (5 / 1) Italy 2 (2 / 0) Austria 1 (1 / 0) Asean** 5 (5/ 0) Bosnia-Herzegovina 1 (0 / 1) United Kingdom 1 (1 / 0) Belgium 1 (1 / 0) Portugal 1 (1 / 0) Hungary 1 (1 / 0) Turkey 1 (1 / 0) Finland 1 (1 / 0)

Europe 71 (38 / 33)

Group production sites in total: 119 (70 / 49)

December 31, 2015 32 GROUP PRODUCTION SITES BY BRANDS

Europe

16 1 2

4 1 9

3 2 23

3 1 5

USA 1

Mexico 2

Brazil 4

1 Argentina South Africa 2 1

1 1

*Asean: Malaysia, South Korea, Thailand, Taiwan www.volkswagenag.com 33

Worldwide

3 China 4 18 1 1

1 1

India Asean* 2 1 1 2 1 4 2 1 17 3 31

119

119 Group production sites

December 31, 2015 34 PASSENGER CAR DELIVERIES TO CUSTOMERS BY MARKET*

Deliveries Change (Units)

2015 2014

Europe/Other Markets 4,006,102 3,893,777 + 2.9 % Western Europe 3,062,368 2,912,905 + 5.1 % of which: Germany 1,147,484 1,092,675 + 5.0 % United Kingdom 521,345 510,481 + 2.1 % France 252,530 249,311 + 1.3 % Spain 235,139 203,870 + 15.3 % Italy 207,821 190,671 + 9.0 % Central- and Eastern Europe 559,945 606,852 – 7.7 % of which: Russia 164,653 253,176 – 35.0 % Czech Republic 126,886 100,967 + 25.7 % Poland 104,772 95,790 + 9.4 % Other Markets 383,789 374,020 + 2.6 % of which: Turkey 164,787 128,592 + 28.1 % South Africa 90,659 100,058 – 9.4 % North America 922,774 884,454 + 4.3 % of which: USA 607,096 599,734 +1.2 % Mexico 211,845 189,328 + 11.9 % Canada 103,833 95,392 + 8.8 % South America 489,636 690,101 – 29.0 % of which: Brazil 353,508 554,828 – 36.3 % Argentina 97,775 95,086 + 2.8 % Asia-Pacific 3,902,169 4,022,626 – 3.0 % of which: China 3,542,467 3,668,433 – 3.4 % Japan 91,152 104,218 – 12.5 % India 69,323 70,656 – 1.9 % Worldwide 9,320,681 9,490,958 – 1.8 % Volkswagen Passenger Cars 5,823,408 6,118,654 – 4.8 % Audi 1,803,246 1,741,129 + 3.6 % ŠKODA 1,055,501 1,037,226 + 1.8 % SEAT 400,037 390,505 + 2.4 % Bentley 10,100 11,020 – 8.3 % Lamborghini 3,245 2,530 + 28.3 % Porsche 225,121 189,849 + 18.6 % Bugatti 23 45 – 48.9 %

* Deliveries for 2014 have been updated to reflect subsequent statistical trends. The figures include the Chinese joint venture companies.

December 31, 2015 PASSENGER CAR DELIVERIES COMMERCIAL VEHICLE DELIVERIES 35 TO CUSTOMERS BY MARKET* TO CUSTOMERS BY MARKET*

Deliveries Change (Units)

2015 2014

Europe/Other Markets 498,833 498,345 + 0.1 % Western Europe 368,603 361,372 + 2.0 % Central- and Eastern Europe 55,295 64,052 – 13.7 % Other Markets 74,935 72,921 + 2.8 % North America 9,099 8,331 + 9.2 % South America 68,958 104,728 – 34.2 % of which: Brazil 36,513 74,977 – 51.3 % Asia-Pacific 32,946 35,082 – 6.1 % of which: China 6,165 6,887 – 10.5 % Worldwide 609,836 646,486 – 5.7 % Volkswagen Commercial Vehicles 430,801 446,616 – 3.5 % Scania 76,561 79,782 – 4.0 % MAN 102,474 120,088 – 14.7 %

* Deliveries for 2014 have been updated to reflect subsequent statistical trends.

VOLKSWAGEN GROUP DELIVERIES**

Deliveries Change (Units)

2015 2014

Passenger Cars 9,320,681 9,490,958 – 1.8 % Commercial Vehicles 609,836 646,486 – 5.7 % Total 9,930,517 10,137,444 – 2.0 %

** Deliveries for 2014 have been updated to reflect subsequent statistical trends. Figures include the Chinese joint venture companies.

December 31, 2015 36 ENVIRONMENT AND TRANSPORT – SUSTAINABLE VALUE ENHANCEMENT

“One target area of the Volkswagen Group’s environmental strategy is its efforts to preserve resources. The Group plans to extend these over the entire life cycle of all products. It also intends to reduce all five key environmental figures in production – energy consumption,

CO2 emissions, organic solvents, waste and water consumption – by 25 percent per produced passenger car/light commercial vehicle in all locations by 2018 compared with 2010.”

Energy Consumption in kilowatt hours per vehicle*

2015 2,108

2014 2,062 –16.3%**

2010 2,519

CO2 Emissions in kilograms per vehicle*

2015 886

2014 849 –19.1%**

2010 1,096

December 31, 2015 ENVIRONMENT AND TRANSPORT – SUSTAINABLE VALUE ENHANCEMENT www.volkswagenag.com 37

VOC Emissions (Volatile Organic Compounds) in kilograms per vehicle*

2015 2.79

2014 3.04 –32.5%**

2010 4.13

Disposable Waste in kilograms per vehicle*

2015 16.1

2014 17.0 –30.8%**

2010 23.3

Fresh Water Consumption in cubic meters per vehicle*

2015 4.14

2014 4.27 –8.9%**

2010 4.54

* Production of passenger cars and light commercial vehicles. Prior-year figures adjusted. ** Change 2015 as against 2010. December 31, 2015 38 DEVELOPMENTS IN WORKFORCE

VOLKSWAGEN GROUP Development of workforce worldwide

thousands 650

610.1 600 592.6 572.8 549.8 550

502.0 500

450

399.4 400

350

300 2010 2011 2012 2013 2014 2015

Year-end data, employees at production and service companies

December 31, 2015 VOLKSWAGEN GROUP Absolute numbers of employees in Germany/abroad

thousands 360 340 331.4 321.5 320 312.4 300.3 300 278.7 280 277.1 271.0 260.4 260 249.5 240 224.8 220 218.1 200 181.3 180 160 140 120 100 2010 2011 2012 2013 2014 2015

Germany Year-end data, employees at abroad production and service companies

December 31, 2015 www.volkswagenag.com/ir 39

VOLKSWAGEN GROUP Workforce at production companies by continents

2015 2014 2013 2012 2011

Europe 451,257 438,631 424,964 410,427 378,030

America 59,329 59,790 61,796 63,193 58,072

Africa 6,388 6,330 6,356 6,461 6,602

Asia 91,991 86,752 78,672 68,704 58,540

Australia 1,111 1,083 1,012 978 712

Worldwide 610,076 592,586 572,800 549,763 501,956

December 31, 2015 VOLKSWAGEN GROUP Workforce at production companies by employment category

600,000

500,000

400,000 237,795 247,668 213,445 226,037 185,224 300,000 133,687

200,000 255,149 301,711 319,604 329,060 336,332 343,757

100,000

0 2010 2011 2012 2013 2014 2015 salaried (excl. apprentices) hourly workers (excl. apprentices)

December 31, 2015 40 DEVELOPMENTS IN WORKFORCE

VOLKSWAGEN AG Development of part-time employees

94,787 97,691 101,794 107,559 112,561 114,066 5,000 4,255 3,930 4,000 3,590 3,328 3,159 3,000 2,977

2,000

1,000

0 3.1 % 3.2 % 3.3 % 3.3 % 3.5 % 3.7 % 2010 2011 2012 2013 2014 2015 total (incl. apprentices) part-time employees (excl. partial retirement)

December 31, 2015

VOLKSWAGEN AG Development in share of female employees

94,787 97,691 101,794 107,559 112,561 114,066

20,000 18,906 18,267 17,033 15,635 15,000 14,493 13,747

10,000

5,000 16.6% 0 14.5 % 14.8 % 15.4 % 15.8 % 16.2 % 2010 2011 2012 2013 2014 2015

total (incl. apprentices) women

December 31, 2015 www.volkswagenag.com/ir 41

VOLKSWAGEN AG Overall age structure

42.9 42.9 43.0 years 42.8 years years

42.5 42.6 years

42.0

41.0

40.0 2012 2013 2014 2015

December 31, 2015

VOLKSWAGEN AG Absenteeism

% 2015 5.3 2014 5.0 2013 4.9

2012 4.9

2011 5.0

2010 5.0

2009 4.8

2008 4.3

2007 4.3

2006 3.7

December 31, 2015 42 EMPLOYEES IN TECHNICAL DEVELOPMENT

Scania Research Group 790 VW R 3,336 GmbH Volkswagen 111 Passenger Cars Sitech 10,440 Volkswagen Bentley 155 Osnabrück Volkswagen 851 550 Commercial Vehicles Porsche 1,112 4,148 ŠKODA Bugatti 1,659 175 MAN Audi2 4,572 11,508 Ducati Lamborghini 331 SEAT 228 976 Italdesign 791

Volkswagen of America Chattanooga NAR 3 1,074

Volkswagen de México

Volkswagen do Brasil 823

Volkswagen Argentina 1 108

1) incl. Robust Pick-up/ Volkswagen Commercial Vehicles 2) incl. subsidiaries 3) North America Region 4) inkl. Others - 146 employees (Sitech Sp. zo.o., VW Navarra, Sverige) www.volkswagenag.com/ir 43

Volkswagen Group RUS 41

FAW-Volkswagen Volkswagen 1,406 VTT Japan Group China 44 124

Volkswagen Pune Shanghai Volkswagen 50 3,072

Volkswagen of South Africa 110

Total 4: 48,731

December 31, 2015 44 GENERAL PROCUREMENT INFORMATION www.volkswagenag.com/ir

Procurement Volumes (Volkswagen Group)

145,5 billion € 149,1 billion €

2014 2015

Procurement Volumes by Brand and Company*

billion €

Volkswagen AG 29.8 20.0 % AUDI 18.7 12.6 % FAW Volkswagen 18.4 12.3 % Volkswagen Shanghai 18.0 12.1 % ŠKODA AUTO 7.4 5.0 % MAN 6.6 4.4 % Scania 6.6 4.4 % AUDI HUNGARIA MOTOR 6.5 4.4 % Volkswagen de México 5.4 3.6 % Volkswagen Slovakia 5.4 3.6 % Porsche 5.2 3.5 % SEAT 5.2 3.5 % Volkswagen Sachsen 3.1 2.0 % Volkswagen do Brasil 2.1 1.4 % VW Group of America 2.0 1.3 % Volkswagen Argentina 1.4 1.0 % Volkswagen Autoeuropa 1.2 0.8 % Volkswagen Motor Polska 1.1 0.7 % OOO Volkswagen Group RUS 0.9 0.6 % AUDI BRUSSELS 0.9 0.6 % Bentley 0.9 0.6 % Volkswagen of South Africa 0.8 0.5 % Volkswagen India 0.6 0.4 % Lamborghini 0.5 0.3 % Ducati 0.3 0.2 % ŠKODA AUTO India <0.1 <0.1 % Total 149.1 100 %

* All figures shown are rounded, so minor discrepancies may arise from addition of these amounts. December 31, 2015 GENERAL PROCUREMENT INFORMATION www.volkswagenag.com/ir 45 46 ORGANIZATIONAL CHARTS

VOLKSWAGEN

Headquarters: Wolfsburg, Germany Share of capital held: 100 %

Board of Management, Volkswagen Passenger Cars: Dr.-Ing. Herbert Diess Chairman Dr. rer. pol. Arno Antlitz Controlling and Accounting Dr. rer. soc. Karlheinz Blessing Human Resources and Organization Ralf Brandstätter Procurement Thomas Schmall Components Jürgen Stackmann Sales, Marketing and After Sales Thomas Ulbrich Production and Logistics Dr.-Ing. Frank Welsch Technical Development

Address: Volkswagen Aktiengesellschaft 38436 Wolfsburg Germany

Internet: www.volkswagen.com

April 15, 2016 ORGANIZATIONAL CHARTS 47

AUDI AG

Headquarters: Ingolstadt, Germany Share of capital held: 99.55 %

Board of Management, Audi: Prof. Rupert Stadler Chairman Dr.-Ing. Stefan Knirsch Technical Development Dr. rer. pol. Bernd Martens Procurement Prof. h.c. Thomas Sigi Human Resources Axel Strotbek Finance and Organization Dr. Dietmar Voggenreiter Sales and Marketing Prof. Dr.-Ing. Hubert Waltl Production

Address: AUDI AG 85045 Ingolstadt Germany

Internet: www.audi.com

April 15, 2016 48 ORGANIZATIONAL CHARTS

SEAT, S.A.

Headquarters: Martorell, Spain Share of capital held: 100 %

Board of Management, SEAT: Luca de Meo Chairman Holger Kintscher Finance, IT and Organization Dr. rer. pol. Andreas Offermann Sales and Marketing Dr.-Ing. Matthias Rabe Technical Development Ramón Paredes Sánchez-Collado Governmental and Institutional Relations SEAT and Volkswagen Group in Spain Xavier Ros Human Resources Dr.-Ing. h.c. Andreas Tostmann Production Klaus Ziegler Procurement

Address: SEAT, S.A. Autovía A-2, Km. 585 08760 Martorell Spain

Internet: www.seat.com

April 15, 2016 ORGANIZATIONAL CHARTS 49

ŠKODA AUTO a.s.

Headquarters: Mladá Boleslav, Czech Republic Share of capital held: 100 %

Board of Management, ŠKODA: Bernhard Maier Chairman Werner Eichhorn Sales and Marketing Winfried Krause Commercial Affairs Michael Oeljeklaus Production and Logistics Dieter Seemann Purchasing Christian Strube Technical Development Bohdan Wojnar Human Resources

Address: ŠKODA AUTO a.s. Václava Klementa 869 293 60 Mladá Boleslav Czech Republic

Internet: www.skoda-auto.com

April 15, 2016 50 ORGANIZATIONAL CHARTS

BENTLEY MOTORS LIMITED

Headquarters: Crewe, United Kingdom Share of capital held: 100 %

Board of Management, Bentley: Wolfgang Dürheimer Chairman and Chief Executive Officer Rolf Frech Engineering Dr. rer. pol. Jörg Mull Finance, IT Marlies Rogait Human Resources Kevin Rose Marketing and Sales Michael Straughan Manufacturing

Address: Bentley Motors Limited Pyms Lane Crewe Cheshire, CW1 3PL United Kingdom

Internet: www.bentleymotors.com

April 15, 2016 ORGANIZATIONAL CHARTS 51

BUGATTI

BUGATTI AUTOMOBILES S.A.S. Headquarters: Molsheim, France Share of capital held: 100 % Wolfgang Dürheimer President Dr. rer. pol. Stefan Brungs, Dr. rer. pol. Jörg Mull, Christophe Piochon Board of Management

BUGATTI INTERNATIONAL S.A. (Headquarters Luxembourg) Wolfgang Dürheimer Chairman of the Supervisory Board

BUGATTI ENGINEERING GMBH (Headquarters Wolfsburg) Wolfgang Dürheimer, Chief Executive Officer (Spokesman) Dr. rer. pol. Jörg Mull, Chief Executive Officer Willi Netuschil, Chief Executive Officer

Addresses: BUGATTI AUTOMOBILES S.A.S. BUGATTI INTERNATIONAL S.A. 1 Château Saint Jean, Dorlisheim 412 F route d'Esch 67120 Molsheim 1030 Luxembourg France Luxembourg

BUGATTI ENGINEERING GMBH Gustav-Hertz-Straße 2 38448 Wolfsburg Germany Internet: www.bugatti.com

April 15, 2016 52 ORGANIZATIONAL CHARTS

Automobili Lamborghini S.p.A.

Headquarters: Sant’ Agata Bolognese, Italy Share of capital held: 100 %

Directors Committee Lamborghini: Stefano Domenicali CEO Federico Foschini Sales Matthias Kellner Procurement Ranieri Niccoli Production Maurizio Reggiani Technical Development Werner Neuhold Finance Umberto Tossini Human Resources and Organization

Address: Automobili Lamborghini S.p.A. via Modena, 12 40019 Sant’ Agata Bolognese Italy

Internet: www.lamborghini.com

April 15, 2016 ORGANIZATIONAL CHARTS 53

Dr. Ing. h.c. F. Porsche AG

Headquarters: Stuttgart, Germany Share of capital held: 100 %

Board of Management Porsche: Oliver Blume Chairman of the Executive Board Lutz Meschke Deputy Chairman of the Executive Board, Finance and IT Andreas Haffner Human Resources Wolfgang Hatz Research and Development Albrecht Reimold Production and Logistics Uwe-Karsten Städter Procurement Detlev von Platen Sales and Marketing

Address: Dr. Ing. h.c. F. Porsche AG Porscheplatz 1 70435 Stuttgart Germany

Internet: www.porsche.com

April 15, 2016 54 ORGANIZATIONAL CHARTS

Ducati Motor Holding S.p.A.

Headquarters: Bologna, Italy Share of capital held: 100 %

Board of Management Ducati: Claudio Domenicali Chief Executive Officer Andrea Buzzoni Sales and Marketing Silvano Fini Production Andrea Forni Technical Development Francesco Milicia Procurement André Stoffels Finance and Systems Luigi Torlai Human Resources and CR

Address: Ducati Motor Holding S.p.A. Via Antonio Cavalieri Ducati, 3 40132 Bologna (Emilia Romagna) Italy

Internet: www.ducati.com

April 15, 2016 ORGANIZATIONAL CHARTS 55

Volkswagen Truck & Bus GmbH

Headquarters: Brunswick, Germany Share of capital held: 100 %

Board of Management Volkswagen Truck & Bus GmbH: Andreas Renschler CEO Ulf Berkenhagen Procurement Matthias Gründler Finance & Controlling, Business Development Anders Nielsen Research & Development Josef Schelchshorn Corporate Human Resources Antonio Roberto Cortes CEO MAN Latin America Joachim Drees CEO MAN Truck & Bus AG Henrik Henriksson CEO Scania AB

Address: Volkswagen Truck & Bus GmbH Willy-Brandt-Platz 19 38102 Braunschweig Germany

April 15, 2016 56 ORGANIZATIONAL CHARTS

MAN SE

Headquarters: Munich, Germany Share of capital held: 74.35 %

Executive Board of MAN SE: Joachim Drees Chief Executive Officer Jan-Henrik Lafrentz Finance Josef Schelchshorn Human Resources

Address: MAN SE Ungererstraße 69 80805 München Germany

Internet: www.man.eu/corporate

April 15, 2016 ORGANIZATIONAL CHARTS 57

MAN Truck & Bus AG

Headquarters: Munich, Germany Share of capital held: 100 %

Executive Board of MAN Truck & Bus AG: Joachim Drees CEO Ulf Berkenhagen Procurement Dr.-Ing. Carsten Intra Production & Logistics, Research & Development Jan-Henrik Lafrentz Finance, IT & Legal Heinz-Jürgen Löw Sales & Marketing Josef Schelchshorn Human Resources

Address: MAN Truck & Bus AG Dachauer Str. 667 80995 München Germany

Internet: www.man.eu

April 15, 2016 58 ORGANIZATIONAL CHARTS

Scania AB

Headquarters: Södertälje, Sweden Share of capital held: 99.57 %

Executive Board, Scania: Henrik Henriksson President and Chief Executive Officer Mathias Carlbaum Commercial Operations Kent Conradson Human Resources Andrea Fuder Purchasing Johan Haeggmann Chief Financial Officer Thomas Karlsson Production and Logistics Christian Levin Sales and Marketing Claes Erixon Research and Development

Address: Scania SE-151 87 Södertälje Sweden

Internet: www.scania.com

April 15, 2016 ORGANIZATIONAL CHARTS 59

MAN Latin America

Headquarters: São Paulo, Brazil Share of capital held:: 100 %

Executive Board of MAN Latin America: Antonio Roberto Cortes CEO Helmut Hümmerich Finance

Address: MAN Latin America Rua Volkswagen, 100 Polo Industrial 27537-803 - Resende - RJ Brazil

Internet: www.man-la.com

April 15, 2016 60 ORGANIZATIONAL CHARTS

Volkswagen Commercial Vehicles Commercial Vehicles

Headquarters: Hanover, Germany Share of capital held: 100 %

Board of Management Volkswagen Commercial Vehicles: Dr.-Ing. Eckhard Scholz Chairman Dr. rer. nat. Josef Baumert Production, Logistics Honorary Professor (DHBW) Thomas Edig Human Resources Jörn Hasenfuß Procurement Dr.-Ing. Harald Ludanek Development Bram Schot Sales and Marketing Klaus-Dieter Schürmann Finance and IT

Address: Volkswagen Commercial Vehicles PO Box 21 05 80 30405 Hanover Germany

Internet: www.vwn.de

April 15, 2016 ORGANIZATIONAL CHARTS 61

MAN Diesel & Turbo SE

Headquarters: Augsburg, Germany Share of capital held: 100 %

Executive Board of MAN Diesel & Turbo SE: Dr.-Ing. Uwe Lauber CEO Frank Burnautzki Procurement Dr.-Ing. Hans-O. Jeske Technology, Turbomachinery Wayne Jones Sales Arnd Löttgen Production, Engines, Power Plants Dr. rer. pol. Peter Park Finance Wilfried von Rath Human Resources

Address: MAN Diesel & Turbo SE Stadtbachstraße 1 86153 Augsburg Germany

Internet: www.mandieselturbo.com

April 15, 2016 62 ORGANIZATIONAL CHARTS

Renk AG

Headquarters: Augsburg, Germany Share of capital held: 76 %

Executive Board of Renk AG: Florian Hofbauer Spokesman of the Executive Board, Technology and Sales Christian Hammel Administration and Production

Address: RENK Aktiengesellschaft Gögginger Straße 73 86159 Augsburg Germany

Internet: www.renk.de

April 15, 2016 ORGANIZATIONAL CHARTS 63

Headquarters: Brunswick, Germany Share of capital held: 100 %

Board of Management, Volkswagen Financial Services AG: Lars Henner Santelmann Chairman, Company Steering, Regions China / India / ASEAN, Latin America, Truck & Bus Division, Insurance Dr. rer. nat. Mario Daberkow IT and Processes Dr. rer. pol. Christian Dahlheim Sales and Marketing, Regions Germany, Europe, International Frank Fiedler Finance Christiane Hesse Human Resources and Organization Dr. rer. pol. Michael Reinhart Risk Management, Credit Analysis

Address: Volkswagen Financial Services AG Gifhorner Straße 57 38112 Brunswick Germany

Internet: www.vwfs.com

April 15, 2016 64 HISTORICAL NOTES

Ferdinand Porsche’s blue-print They were joined by the turned the dream of automotive legendary sports car maker mobility for the masses into a Porsche AG in 2012. The “people’s car”. The automobile Group also welcomed the laid the foundation for a com motorcycle brand Ducati pany which rapidly acquired under its roof. international significance after the Second World War. The Volkswagen Commercial Vehicles brand, the Scania The motor of the “Wirtschafts brand acquired in 2008 and the wunder“ was air-cooled and MAN brand which was taken fitted at the rear of a car whose over in 2012 with factories in distinctive silhouette made Europe, Africa and South Volkswagen a household name America provide a differen all over the world, just as the tiated range of products Transporter launched in 1950 spanning city vans, trucks and became a much-loved work busses to suit the most diverse horse and camper. mobility requirements.

Numerous production facilities The financial services pro outside Europe were already vided by Volkswagen Financial being set up in the 1950s to Services AG, a company whose bring the automaker closer to roots go back as far as 1949, the customer. also contribute to the auto motive success of the Having evolved into a German Volkswagen Group. automotive group with the acquisition of “Auto Union GmbH” and “NSU Motoren werke AG” in the 1960s, the dynamic market success of the Passat, Golf and Polo post-1973 triggered further corporate growth towards a multi-brand group: SEAT and ŠKODA were added in 1985 and 1991, Bentley, Lamborghini and Bugatti in 1998. www.volkswagenag.com 65

1937 — 1945

May 28, 1937 “Gesellschaft zur Vorberei tung des Deutschen Volks wagens mbH” is established in Berlin. February 1938 Construction of the Volkswagen plant east of Fallersleben be gins. September 16, 1938 The company name is changed to “Volkswagenwerk GmbH”. Between 1939 and 1945, the Volkswagen plant is re organized for the production of armaments rather than the production of civilian vehicles. The expanding armaments output of the plant after summer 1940 leads the company to meet most of its labour needs by using forced labour from abroad. In late summer 1944, almost two thirds of the 18,000-strong workforce is made up of foreign forced labourers. April 11, 1945 The American troops who enter the town put an end to the production of military equipment and liberate the forced labourers. 66 HISTORICAL NOTES

1945 1945 — 1949

June 1945 Vehicle Production Responsibility for the company VOLKSWAGENWERK GMBH seized by the Allies is turned 1,785 over to the British Military Government for administration in trusteeship. Workforce (yearly average) December 1945 VOLKSWAGENWERK GMBH Series production of the Volks Factory workers 5,459 wagen Type 1 begins with the Office workers 574 assembly of 55 saloons. Total 6,033 October 1947 Export of the first Volkswagen saloons to the Netherlands Financial data begins with five vehicles. (million Reichsmark) January 1, 1948 VOLKSWAGENWERK GMBH Heinrich Nordhoff is appointed Sales 11.7 General Director of the Volks- wagen works. July 29, 1948 The company’s registered office is transferred from Berlin to Wolfsburg and the change entered into the Commercial Register. June 30, 1949 “Volkswagen-Finanzierungs- Gesellschaft mbH” is founded to provide loans to domestic customers and dealers, thus encouraging the sale of Volkswagens. October 8, 1949 The British Military Government hands over the Volkswagen works to the trusteeship of the Federal German government. The State of Lower Saxony assumes the administration. www.volkswagenag.com 67

1950 — 1954 1950

March 8, 1950 Vehicle Production Series production of the Volkswagen Transporter VOLKSWAGENWERK GMBH begins in Wolfsburg. 90,038 September 11, 1952 The internationalization of Workforce (yearly average) the Volkswagen sales network begins with the founding of VOLKSWAGENWERK GMBH “Volkswagen Canada Ltd.” in Factory workers 13,322 Toronto. Office workers 1,644 Total 14,966 March 23, 1953 Volkswagen sets up its first foreign production company, “Volkswagen do Brasil Ltda.”, in Financial Data (million DM) São Paulo. In 1957 Volkswagen VOLKSWAGENWERK GMBH do Brasil switches from Sales 411 assembling the Transporter Profit 3.8 to local production; the first Beetle produced in Brazil leaves the assembly line in 1959.

October 1953 Volkswagenwerk GmbH has 82 sales agencies outside of Germany. Exports account for 44 percent of vehicle produc tion. With 68,754 vehicles exported in 1953, Volkswagen accounts for over 40 percent of all passenger car exports from the Federal Republic of Germany. January 1, 1954 The domestic sales organi zation encompasses 66 distributors, 239 dealerships and 531 authorized repair shops. 68 HISTORICAL NOTES

1955 1955 — 1959

August 5, 1955 Vehicle Production Employees and dealers from VOLKSWAGENWERK GMBH home and abroad celebrate 329,893 the production of the one millionth Volkswagen in Wolfsburg. Vehicle Sales August 1955 VOLKSWAGENWERK GMBH The Karmann Ghia Coupé Germany 150,397 goes into production. Abroad 177,657 October 27, 1955 Total 328,054 “Volkswagen of America Inc.” is founded in Newark, New Jersey. Workforce (yearly average) March 8, 1956 VOLKSWAGENWERK GMBH After a one-year period of con Factory workers 28,606 struction, the new plant in Office workers 2,964 Hanover-Stöcken starts Total 31,570 producing the Transporter. June 8, 1956 Financial Data (million DM) Volkswagenwerk GmbH VOLKSWAGEN GROUP acquires an interest in the former import agency “South Sales 1,444 African Motor Assemblers and Distributors Ltd.” (SAMAD). July 1958 Powertrain remanufacturing is moved from Wolfsburg to Altenbauna near Kassel. The workforce at the new Kassel plant, which repairs and rebuilds 430 engines and 130 axles a day, rises to 1,124 in 1959. www.volkswagenag.com 69

1960 — 1964 1960

March 11, 1960 Vehicle Production “Volkswagen France S.A.” is founded in Paris. VOLKSWAGEN GROUP 890,673 August 22, 1960 Based on the “VW Act”, “Volks wagenwerk GmbH” is trans Vehicle Sales formed into a joint stock com pany. Up to March 15, 1961, VOLKSWAGEN GROUP the company issues shares Germany 374,478 with a nominal value of 360 Abroad 514,029 million DM at a share price of Total 888,507 350 DM. September 1961 Volkswagen launches the Workforce (yearly average) VW 1500 at the International VOLKSWAGEN GROUP Automobile Show (IAA) in Total 75,528 Frankfurt. October 2, 1962 Financial Data (million DM) The one millionth Volkswagen VOLKSWAGEN GROUP Transporter rolls off the Sales 4,607 assembly line at the Hanover plant. January 17, 1964 “Volkswagen de México-City, S.A. de C.V.” is established in Mexico-City. December 8, 1964 The Emden plant begins producing the Beetle. Over 500 vehicles roll off the assembly line each day. They are shipped from the com pany’s own port and exported primarily to North America. 70 HISTORICAL NOTES

1965 1965 — 1969

January 1, 1965 Vehicle Production “Volkswagenwerk AG” acquires VOLKSWAGEN GROUP “Auto Union GmbH” registered 1,594,861 in Ingolstadt; the independent brand widens the model range of the emerging group. Vehicle Sales October 1966 VOLKSWAGEN GROUP “Volkswagen Leasing GmbH” Germany 632,671 is founded. Abroad 963,693 August 1967 Total 1,596,364 Series production of the second generation of the Transporter begins at the Hanover plant. Workforce (yearly average) May 1, 1968 VOLKSWAGEN GROUP Kurt Lotz becomes Chairman Employees in foreign of the Board of Management. Group companies 18,625 Total 125,157 September 19, 1968 A proving ground is opened near Ehra-Lessien; in its final Financial Data (million DM) form, the site features over VOLKSWAGEN GROUP 100 km of test track. Sales 9,268 November 1968 Investments 702 The Volkswagen Group enters the upper mid-class segment with the presentation of the Audi 100.

August 21, 1969 Auto Union GmbH and “NSU Motorenwerke AG” join forces to become “Audi NSU Auto Union AG”. “Volkswagenwerk AG” initially owns 59.5 percent of the shares.

November 1969 The VW Porsche 914 goes into production. www.volkswagenag.com 71

1970 — 1974 1970

July 1970 Vehicle Production The K 70 rolls off the assembly line at Volkswagen’s new VOLKSWAGEN GROUP Salzgitter plant. 2,214,937 October 1, 1971 Rudolf Leiding takes over as Vehicle Sales Chairman of the Board of Management. VOLKSWAGEN GROUP Germany 725,055 May 1973 Abroad 1,481,866 The Passat, the first model of Total 2,206,921 the new Volkswagen genera tion, goes into production. It features front-wheel drive, a water-cooled 4-cylinder Workforce (yearly average) engine and a unitary con VOLKSWAGEN GROUP struction all-steel body. Employees in foreign Group companies 35,421 February 1974 Total 190,306 The sporty VW Scirocco goes into series production.

March 29, 1974 Financial Data (million DM) Series production of the Golf VOLKSWAGEN GROUP begins in Wolfsburg. Sales 15,791 July 1, 1974 Investments 1,536 At 11.19 a.m. the last of almost Profit 407 12 million Beetles rolls off the assembly line in Wolfsburg. 72 HISTORICAL NOTES

1975 1975 — 1979

February 10, 1975 Vehicle Production Toni Schmücker becomes VOLKSWAGEN GROUP Chairman of the Board of 1,948,939 Management. March 1975 Series production of the Polo Vehicle Sales begins in Wolfsburg. The auto VOLKSWAGEN GROUP mobile is positioned on the Germany 625,555 small car market as a less ex Abroad 1,412,302 pensive version of the nearly Total 2,037,857 identical Audi 50. October 27, 1976 The one millionth Golf rolls Workforce (yearly average) off the assembly line. VOLKSWAGEN GROUP January 1977 Employees in foreign The Derby, a notchback Group companies 59,157 version of the Polo, goes into Total 176,824 production. November 1977 Financial Data (million DM) Contract with the German VOLKSWAGEN GROUP Democratic Republic pro viding for the delivery of Sales 18,857 10,000 Golf. Investments 941 Loss –157 January 19, 1978 The last Beetle to be built in Germany leaves the assembly line at the Emden plant.

May 1978 “V.A.G. Transportgesellschaft mbH” is founded in Wolfsburg.

February 1979 Karmann in Osnabrück begins production of the Golf Convertible. www.volkswagenag.com 73

1980 — 1984 1980

March 1980 The Audi quattro four-wheel Vehicle Production drive creates a stir at the VOLKSWAGEN GROUP Geneva Motor Show. 2,573,871 May 8, 1980 At the Energy Symposium in Wolfsburg, Volkswagen pre Vehicle Sales sents the Formula E. VOLKSWAGEN GROUP December 1980 Germany 787,591 “VW Kraftwerk GmbH” is founded in Wolfsburg. Abroad 1,707,156 Total 2,494,747 August 1981 Production of the Santana begins. Production of the second generation Polo Workforce (yearly average) begins in Wolfsburg. VOLKSWAGEN GROUP January 1, 1982 Employees in foreign Carl H. Hahn becomes Group companies 99,060 Chairman of the Board of Total 257,930 Management. September 30, 1982 A license agreement for the Financial Data (million DM) production of the Volkswagen VOLKSWAGEN GROUP Passat, Santana and Polo models is signed with Sales 33,288 “Sociedad Española de Investments 4,279 Automóviles de Turismo” Profit 321 (SEAT). November 1982 The Caddy city van goes into series production. June 1983 Production of the second generation Golf begins. February 3, 1984 The new research centre at the plant in Wolfsburg is inaugurated. December 1984 Volkswagen acquires the majority of shares in the Italian general importer “Autogerma S.p.A.”. 74 HISTORICAL NOTES

1985 1985 — 1989

January 1, 1985 Vehicle Production “Audi NSU Auto Union AG” VOLKSWAGEN GROUP is renamed “AUDI AG”. The 2,398,196 registered office moves from Neckarsulm to Ingolstadt. April 20, 1985 Vehicle Sales “Shanghai-Volkswagen Auto VOLKSWAGEN GROUP motive Company Ltd.”. is Germany 721,812 established. “Volkswagenwerk Abroad 1,676,192 AG” has a 50 percent share in Total 2,398,004 the German-Chinese joint venture. July 4, 1985 Workforce (yearly average) The name of the company is VOLKSWAGEN GROUP changed to “Volkswagen AG”. Employees in foreign September 1, 1985 Group companies 88,703 Series production of the Total 259,047 Santana begins in China. June 18, 1986 Financial Data (million DM) Volkswagen AG acquires VOLKSWAGEN GROUP 51 percent of the capital stock of SEAT and increases its share Sales 52,502 to 75 percent by the end of the Investments 3,388 year. Profit 596 January 1988 The Corrado sport coupé goes into series production.

August 24, 1988 A licence agreement for the production of the Audi 100 in China is signed with “First Automobile Works” in Changchun.

Autumn 1989 Market launch of the Audi 100 TDI, the first Group model with a turbo direct-injection diesel engine. www.volkswagenag.com 75

1990 — 1994 1990

February 6, 1991 Vehicle Production “FAW-Volkswagen Automotive Company Ltd.” is established VOLKSWAGEN GROUP in Changchun. 3,057,598 April 16, 1991 Volkswagen AG acquires “ŠKODA automobilovà a.s.”, Vehicle Sales which is integrated into the VOLKSWAGEN GROUP Volkswagen Group as the fourth Germany 945,384 brand. The well-respected Abroad 2,084,795 traditional Czech company Total 3,030,179 marketed its first automobiles in 1905.

June 24, 1991 Workforce (yearly average) “AutoEuropa Automóveis Lda.” VOLKSWAGEN GROUP is established in Setúbal, Employees in foreign Portugal, for the production of Group companies 95,934 a multi-purpose vehicle (MPV). Total 268,744 January 1, 1993 Ferdinand Piëch becomes

Chairman of the Board of Financial Data (million DM) Management. VOLKSWAGEN GROUP February 18, 1993 Sales 68,061 “AUDI HUNGARIA MOTOR Investments 5,372 Kft.” registered in Győr is Profit 1,086 established to produce engines. January 1, 1994 “Volkswagen Finanz GmbH” established three years earlier is renamed “Volkswagen Financial Services AG.” March 1994 Audi presents the Audi A8, its sporty top-class limousine featuring the brilliantly innovative lightweight aluminum construction. 76 HISTORICAL NOTES

1995 1995 — 1999

July 4, 1995 Vehicle Production The Commercial Vehicles VOLKSWAGEN GROUP brand is introduced. 3,408,422 November 17, 1995 “Volkswagen Argentina S.A.” commissions its new produc- Vehicle Sales tion plant in Pacheco near VOLKSWAGEN GROUP Buenos Aires. Germany 937,323 August 1997 Abroad 2,504,623 At the Wolfsburg site the Total 3,441,946 fourth Golf generation goes into production.

Workforce (yearly average) December 1997 “Volkswagen de México” starts VOLKSWAGEN GROUP production of the New Beetle. Employees in foreign Group companies 117,147 July 1998 Total 259,342 Acquisition of “Bugatti Inter- national S.A. Holding” and “Bentley Motor Cars Ltd.”, Financial Data (million DM) whose automobile tradition VOLKSWAGEN GROUP goes back as far as 1919. Sales 88,119 September 1998 Investments 6,863 AUDI AG acquires the Italian Profit 336 sports car manufacturer “Lamborghini S.p.A.” July 1999 Volkswagen makes auto mobile history with the start of the Lupo 3L TDI, the world’s first standard production 3-liter vehicle. December 23, 1999 The assembly company “ŠKODA Auto India Private Ltd.” is established in Aurangabad. www.volkswagenag.com 77

2000 — 2004 2000

June 1, 2000 Vehicle Production The “Autostadt” opens in Wolfsburg. VOLKSWAGEN GROUP (thousands) 5,156 December 11, 2001 The Gläserne Manufaktur is opened in Dresden and production of the Phaeton Vehicle Sales begins. VOLKSWAGEN GROUP Germany (thousands) 1,019 April 16, 2002 Bernd Pischetsrieder becomes Abroad (thousands) 4,146 Chairman of the Board of Total (thousands) 5,165 Management of Volkswagen AG. Workforce (yearly average) August 2002 VOLKSWAGEN GROUP Series production of the Touareg begins at “Volkswagen Employees in foreign Group companies (thousands) 160.3 Slovakia, a.s.” in Bratislava. Total (thousands) 324.4 December 2002 Production of the Touran starts in Wolfsburg. After only Financial Data (million €) six years, the versatile VOLKSWAGEN GROUP compact van boasting high- Sales 81,835 quality workmanship already tops the one million mark. Investments 14,563 Profit 2,614 August 2003 Production of the fifth generation Golf begins. 78 HISTORICAL NOTES

2005 2005 – 2009 September 15, 2005 Vehicle Production The Bugatti Veyron takes to VOLKSWAGEN GROUP the road. The technical wonder (thousands) 5,219 from the 1001-hp world in Molsheim, Alsace, transforms the masterly engineering Vehicle Sales craftsmanship of the auto motive visionary Ettore VOLKSWAGEN GROUP Bugatti into contemporary Germany (thousands) 1,019 automotive performance. Abroad (thousands) 4,174 Total (thousands) 5,193 November 1, 2006 The collective bargaining agreement between Volkswagen AG and IG Metall Workforce (yearly average) providing for a working time VOLKSWAGEN GROUP corridor with a ceiling of 34 Employees in foreign Group hours comes into force. At companies (thousands) 166 the same time, production Total (thousands) 345 volumes are agreed for the six traditional plants in order to improve capacity utilization Financial Data (million €) and safeguard jobs. VOLKSWAGEN GROUP January 1, 2007 Sales 93,996 Dr. Martin Winterkorn becomes Investments 10,365 Chairman of the Board of Profit 1,050 Management of Volkswagen AG. August 2007 Series production of the Tiguan compact SUV – characterized by versatility, high-quality craftsmanship and technical innovations begins in Wolfsburg. www.volkswagenag.com 79

March 3, 2008 Volkswagen increases its capital interest in Scania to 37.73 percent and its share of the voting rights to 68.60 percent. The Swedish truck manufacturer founded in 1891 is integrated in the Group as the ninth brand. December 16, 2008 ŠKODA opens a new Technology Center in Mladá Boleslav, thus expanding its competence in passenger car development.

December 7, 2009 Volkswagen AG takes a 49.9 percent participation in “Dr.-Ing. h.c. F. Porsche AG”, a milestone on the path towards an integrated automotive group. 80 HISTORICAL NOTES

2010 2010 – 2014 August 9, 2010 Vehicle Production The Volkswagen Group VOLKSWAGEN GROUP acquires a 90.1 percent stake (thousands) 7,358 in “Italdesign Giugiaro S.p.A”, Turin, Italy. Italdesign’s development center takes on Vehicle Sales numerous tasks in connection with the Volkswagen Group’s VOLKSWAGEN GROUP ongoing model initiative. Germany (thousands) 1,059 Abroad (thousands) 6,219 March 1, 2011 Total (thousands) 7,278 Volkswagen AG acquires the highly-profitable automobile trading business of “Porsche Holding Salzburg“. In the 2010 Workforce (yearly average) calendar year, unit sales of VOLKSWAGEN GROUP 565,000 new and used vehicles Employees in foreign Group in Austria, Western and companies (thousands) 210 Southern Europe and China Total (thousands) 389 generated sales revenue in ex cess of €12 billion. The com pany employs some 20,900 Financial Data (million €) people. VOLKSWAGEN GROUP March 17, 2011 Sales 126,875 Volkswagen Osnabrück starts Investments 9,278 production of the new Golf Profit 7,226 Cabriolet. The Osnabrück plant with a total annual capacity of 100,000 vehicles is also gearing up to manu facture models of other Group brands. www.volkswagenag.com 81

May 24, 2011 June 6, 2012 After a construction period Volkswagen AG increases its of roughly two years, the share of the voting rights in new Volkswagen plant in “MAN SE” to 75.03 percent, Chattanooga, Tennessee, USA, thus taking the next step on with a production capacity of the way to the integrated com 150,000 vehicles per year is mercial vehicles group. Along inaugurated. The plant builds side Scania and Volkswagen the US Passat specially de Commercial Vehicles, MAN veloped for the North American becomes an independent market and available at an Group brand forming part entry-level price of under of the Volkswagen Group’s US$20,000. Both the plant and Commercial Vehicles function. the mid-size sedan play a key July 19, 2012 role in the plans to boost sales “AUDI AG” acquires a 100 per in the USA. cent share in the motorcycle November 9, 2011 manufacturer “Ducati Motor Volkswagen AG announces Holding S.p.A.”, Bologna (Italy), it holds 55.90 percent of the via its subsidiary “Automobili voting rights and 57.33 per Lamborghini S.p.A.“ The cent of the share capital of Volkswagen Group thus wel “MAN SE”. By completing the comes the sporty motorcycle acquisition of the majority brand under its roof. shareholding, Volkswagen August 1, 2012 is moving a key step closer “Porsche SE” contributes its towards realizing its goal of indirect 50.1 percent holding an integrated commercial in “Porsche AG” to Volkswagen vehicle group consisting of AG, creating the integrated MAN, Scania and Volkswagen automotive group between Commercial Vehicles. Volkswagen and Porsche. March 2012 Volkswagen thus holds 100 Production of the Audi A3 percent of the shares of marks the beginning of the “Porsche AG”, which retains modular transverse toolkit its own identity as a Group (MQB) era in the Volkswagen brand, via an intermediate Group. holding company. 82 HISTORICAL NOTES

2010 — 2014 September 1, 2012 January 16, 2013 Volkswagen makes an extensive The engine plant in Silao, structural and management central Mexico, starts realignment. In view of the operating. This is the Group’s economic significance of the 100th factory, and supplies sales market in China, a new Volkswagen’s North American Board of Management function vehicle plants in Puebla and for China is set up. For the Chattanooga with modern further structuring of the and fuel-efficient EA888 TSI extended commercial engines. vehicles business, the new August 29, 2013 board of management func The inauguration of the tion Commercial Vehicles is Urumqi vehicle plant in the added. Xinjiang region in Western September 4, 2012 China underscores the growth The seventh generation Golf trajectory on the Chinese celebrates its world premiere market. The factory begins in Berlin. The car is launched production with the SKD on the German market on (semi-knocked down) assembly November 7. of the Volkswagen Santana. Once the plant’s own paint November 30, 2012 shop and body shop begin The Group Board of Manage operating in 2014, the factory ment and employee repre will produce up to 50,000 sentatives of Volkswagen AG vehicles per year. and the international trade union federation IndustriALL September 9, 2013 Global Union sign a “Tempo- The e-Golf and e-up! electrify rary Work Charter for the visitors at the International Volkswagen Group” in Munich. Motor Show. All-electric The charter lays down the mobility is now combined principles for the use of with the high quality and temporary work and functionality typical of the appropriate employment Golf. The Volkswagen e-up! and remuneration conditions. is the world champion in efficiency among all-electric cars. Volkswagen is thus taking zero-emission drivetrains to large-volume production and offers all relevant drives for its models. www.volkswagenag.com 83

October 22, 2013 November 13, 2014 The European Court of Justice The foundation stone for the rules that the VW Law as plant in Września, Poland, to amended in 2007 is compatible be opened by Volkswagen with EU legislation. The Articles Commercial Vehicles in 2016 of Association of Volkswagen is laid. The new plant, which AG also specify a majority of will have an annual production 80 percent for adopting resolu - capacity of 100,000 vehicles, tions submitted to the General has a modern paint shop, halls Meeting of Volkswagen AG. for body assembly and vehicle assembly as well as a supplier June 19, 2014 park, and will build the next A new competence center generation of the Volkswagen bundling the Group’s electrical Crafter. and electronic development activities in the key areas of December 5, 2014 electro-mobility and vehicle Volkswagen adds its first plug- connectivity opens on the in hybrid model to its product E-Campus. The futuristic offering with the launch of the eight-story building sym Golf GTE, powered by a 110 kW/ bolizes the quest to develop 150 hp turbocharged petrol deeper expertise in digital direct-injection engine (1.4 TSI) networking, infotainment and an electric motor with a and driver-assistance systems power output of 75 kW/102 hp. of the future. The Golf GTE has a total range of 940 km and an all-electric October 10, 2014 driving range of 50 km. The Volkswagen Group and its Chinese partner “First Auto motive Works” extend their joint venture agreement for a further 25 years until 2041, expanding their successful activities in China on a long- term basis. 84 HISTORICAL NOTES

2015 2015 February 12, 2015 Vehicle Production At Audi AG in Ingolstadt, a VOLKSWAGEN GROUP new era of automation begins, (thousands) 10,017 giving a foretaste of the revolu- tion in production brought about by Industry 4.0. For the Vehicle Sales first time, people and robots work hand-in-hand on the VOLKSWAGEN GROUP assembly line at the employee’s Germany (thousands) 1,279 pace without protective bar Abroad (thousands) 8,731 riers. This simplifies work Total (thousands) 10,010 significantly and has ergo nomic advantages. March 23, 2015 Workforce (yearly average) In ŠKODA’s Kvasiny plant in VOLKSWAGEN GROUP the Czech Republic, vehicle Employees in foreign Group production capacities will be companies (thousands) 329 almost doubled by 2018 and Total (thousands) 604 output of direct shift gear boxes increased by 25 percent, creating up to 1,200 new jobs. Financial Data (million €) April 15, 2015 VOLKSWAGEN GROUP The sixth generation of Sales 213,292 Volkswagen Commercial Investments 15,523 Vehicles’ most versatile Loss –1,361 product makes its world debut in Amsterdam. The Transporter, Caravelle and Multivan enter the stage in a classic, but sharper and more precise VW van design, 65 years after the original T1 went into production. www.volkswagenag.com 85

April 25, 2015 May 26, 2015 Ferdinand K. Piëch resigns In Changsha in southern China, from office as Chairman of the the Shanghai-Volkswagen joint Supervisory Board as well as a venture opens a new plant, member of the Supervisory the Group’s twentieth in China, Board of Volkswagen AG and with an annual capacity to all other positions in the build 300,000 Volkswagen Volkswagen Group. Berthold and ŠKODA brand vehicles. Huber, previously Deputy May 27, 2015 Chairman of the Supervisory The first next-generation Board, assumes responsibility. Touran runs off the produc May 1, 2015 tion line in the Wolfsburg The DRIVE. Volkswagen Group plant. Built and manufactured Forum in Berlin, opens its based on the modular trans doors in the Lindencorso after verse matrix (MQB), the family extensive reconstruction and van with five or seven seats with a new overall concept. has an 11 cm larger interior. DRIVE serves as a communi cation platform for all twelve Group brands and Volkswagen Financial Services AG. May 26, 2015 The fourth generation of the Caddy goes into series pro duction in the Volkswagen Commercial Vehicles plant in Poznań. Ideal for use as a delivery van in town or as a passenger car, the Caddy offers plenty of space and is available in a wide choice of colors with various drive assistance sys tems. 86 HISTORICAL NOTES

2015 September 4, 2015 September 25, 2015 After three years of construc Matthias Müller, previously tion, Volkswagen opens an Chairman of Dr.-Ing. h.c. F. engine plant next door to its Porsche AG, is appointed the vehicle plant in Kaluga, Russia, new CEO of Volkswagen to manufacture state-of-the- Aktiengesellschaft by the art 1.6-liter EA211 series gaso Supervisory Board. Müller line engines. 400 employees declares winning back the produce up to 600 engines trust the company has lost as every day, which are installed his most urgent task through in Volkswagen Polo and Jetta relentless clarification and models as well as ŠKODA maximum transparency. Rapid, Octavia and Yeti cars At the same time, the Super built in Russia. visory Board makes a decision to strengthen the company’s September 14, 2015 brands and regions and The second-generation Tiguan radically restructure the celebrates its world premiere Group. at the International Motor Show in Frankfurt/Main. October 7, 2015 Based on the modular trans The Supervisory Board elects verse matrix (MQB), it has a Hans Dieter Pötsch, previous- considerably larger interior ly Member of the Board of and boot space. Management with responsi bility for Finance and Control September 23, 2015 ling, as its Chairman. Four days after the US authori ties make the manipulation of October 30, 2015 diesel engines known to the Volkswagen Aktiengesellschaft public, Martin Winterkorn and the leading Chinese finan steps down as CEO of cial institute “Industrial & Volkswagen Aktiengesell Commercial Bank of China schaft. Limited” sign a “Memorandum of Understanding” in the presence of China’s Premier Li Keqiang and German Chancellor Dr. Angela Merkel to provide Volkswagen with comprehensive banking services. www.volkswagenag.com 87 88 THE MODEL RANGE OF THE VOLKSWAGEN GROUP